Trump Rules Out Greenland Force, Justices Weigh Cook Removal
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Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.
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Find us on Apple, Spotify, or anywhere you listen. News when you want it with Bloomberg News Now. I'm Nathan Hager. Markets are getting a lift, even with President Trump keeping pressure on Europe over Arctic security.
All the United States is asking for is a place called Greenland where we already had it.
as a trustee but respectfully returned it back to denmark not long ago after we defeated the germans the japanese the italians and others in world war ii in a highly anticipated speech at the world economic forum in davos president trump said he is seeking immediate negotiations to take over the island he says the u.s will remember if europe does not meet his demands bloomberg's david guru was following the speech.
He referred to it as a piece of ice, cold and poorly located, that can play a vital role in world peace and world protection. And he, over the course of maybe 15 or 20 minutes, made the case for the U.S. acquiring that territory. Didn't say explicitly how he would go about doing that. said that the goal here for the U.S. is not to use force to do so, but said that he needs it for strategic international security. That's our territory, the president said.
Bloomberg's David Gurra reporting. In response, Danish Foreign Minister Lars Loga Rasmussen said the president saying he won't use force is a positive, but he says the U.S. challenge to Greenland is still there. Rasmussen says Denmark will continue on the diplomatic track agreed to in Washington. President Trump's bid to fire Fed Governor Lisa Cook is getting an airing at the U.S. Supreme Court. Solicitor General John Sauer says the president is within his rights to remove Cook for alleged mortgage fraud.
The American people should not have their interest rates determined by someone who was, at best, grossly negligent. and obtaining favorable interest rates for herself.
But Solicitor General John Sauer's arguments are getting some skepticism from the bench, as we hear from Bloomberg's Tyler Kendall.
The justices are asking questions around three main items. One, did President Trump have sufficient cause to fire Cook under Section 10 of the Federal Reserve Act? The president needs to have cause, but it's not explicitly defined. It's typically meant to mean malfeasance or neglect of duties related to the job and the mortgage fraud application
What did President Trump say about seeking Greenland and why?
allegations happened before Lisa Cook ultimately came to her position.
Bloomberg's Tyler Kendall reporting from outside the Supreme Court where Cook's lawyers have begun their arguments. They're asking the justices to create standards when it comes to removal of a Fed official. House Republicans are moving to hold Bill and Hillary Clinton in contempt of Congress for failing to appear before the House Oversight Committee in the Jeffrey Epstein investigation. It's a move that could send the former president and ex-secretary of state to prison. If successful, Robert Garcia is the committee's top Democrat.
This energy you have to attack whoever you believe your political opponents are, you are unwilling to use on Ghislaine Maxwell, a monster who has trafficked, abused, and raped children and women, and which every committee member in this body knows should be
House Oversight Ranking Democrat Robert Garcia, Republican Chair James Comer says Ghislaine Maxwell is scheduled to appear on February 9th. He says her attorneys have said she will plead the 5th. Back at Davos, President Trump now says he'll meet tomorrow with Ukrainian President Volodymyr Zelensky. In his World Economic Forum speech, he said the meeting would happen today on the peace proposal with Russia.
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